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Category: BUSINESS

Posted on 06/10/2022

Hong Kong gov’t urged to help ice factory, businesses and residents hit by housing plan

Self-proclaimed non-establishment party Third Side has urged the Hong Kong government to help rehouse businesses and villagers who will be displaced by a proposed public housing development in Tuen ... ( read original story ...)

Posted on 06/10/2022

First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns

The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. ( read original story ...)

Posted on 06/10/2022

Hong Kong to give away 500,000 airline tickets next year as part of global campaign to revive tourism

Chief Executive John Lee Ka-chiu is already under pressure from business groups and industry leaders to provide a road map outlining Hong Kong’s return to normality, including the lifting of all entry ... ( read original story ...)

Posted on 06/10/2022

China’s space recruitment drive: One small step for Hong Kong, one giant leap for the economy?

That China's space programme will launch a recruitment drive in Hong Kong can inspire society, including its academic, business and technology elites, to prioritise STEM education With government ... ( read original story ...)

Posted on 06/10/2022

Hong Kong shares soar 5%, leading Asian market gains

The Hang Seng in Hong Kong rose 5.3% to 17,988.86, catching up with gains elsewhere as markets reopened following a holiday Tuesday. Markets in mainland China remained closed for a holiday. Japan's ... ( read original story ...)

Posted on 05/10/2022

Hong Kong ice factory supplying 30% of local catering businesses fears closure due to public housing development plan

An ice factory that supplies ice to 30 per cent of Hong Kong food and beverage businesses faces an uncertain future as it has to make way for public housing development plans. Hang Chan, the executive ... ( read original story ...)

Posted on 05/10/2022

Hong Kong Stock Market Overdue For Support On Wednesday

(RTTNews) - Ahead of Tuesday's holiday for National Day, the Hong Kong stock market had turned lower again - one session after snapping the two-day slide in which it had stumbled almost 700 points ... ( read original story ...)

Posted on 05/10/2022

Hong Kong’s Kerry Logistics aims to ‘improve standards’ at homes for elderly with soon-to-be-launched food and medical supplies platform

Kerry Logistics plans to roll out the 'centralised platform' within the year, executive says Firm already operates Kerry Pharma, which provides logistics services to healthcare clients, and Kerry ... ( read original story ...)

Posted on 04/10/2022

Tencent, HKEX, New World, Ping An among first firms to explore Hong Kong issue of yuan shares under new scheme

Tencent, New World Development and Ping An Insurance are among 14 companies that said on Monday they will explore issuing yuan-denominated shares under a government plan to allow trading in such ... ( read original story ...)

Posted on 03/10/2022

Hong Kong is opening up to tourism — but is it too late?

The city hopes the move will revive its status as an international business and travel hub, but the locals said the change may be too late. ( read original story ...)

Posted on 03/10/2022

Hong Kong hoping end of quarantine, US$1.3 million cash subsidy will bring fintech start-ups back to city, Cyberport executive says

The relaxation of tough Covid-19 restrictions and a government cash subsidy programme will attract fintech start-up founders back to Hong Kong, according to a senior executive at Cyberport, the city’s ... ( read original story ...)

Posted on 02/10/2022

Coronavirus: departed companies not looking back, Hong Kong’s largest business chamber warns, urging lower threshold for talent scheme

Hong Kong General Chamber of Commerce CEO George Leung says even if travel curbs fully eased, results and recovery will only come in first quarter of next year. ( read original story ...)

Posted on 02/10/2022

Waiting for Beijing: travellers keen to visit Hong Kong, but cost of returning across border puts off mainland Chinese

The Guangzhou-born mother of three said she loved Hong Kong, as it was where she gave birth to her children. The family emigrated to the US, and now live in San Jose. Chen said she had hoped to see ... ( read original story ...)

Posted on 01/10/2022

Residents flock to restaurants and malls in Hong Kong as government hands out latest tranche of consumption vouchers

Ray Chui, chairman of catering group the Institute of Dining Art, says industry enjoying a more than 10 per cent bump in business. ( read original story ...)

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